← Simple interest lesson New set →

Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 66 · 40 sums
TalentJR

The method (P × R × T ÷ 100): Interest I = P × R × T ÷ 100. Amount after T years = P + I. Turn it round: R = I × 100 ÷ (P × T) and T = I × 100 ÷ (P × R).

NameDateTime takenScore ___ / 40
  1. 1.Priya has ₹500. In a piggy bank it stays ₹500. In a bank at 7% simple interest per year, how many rupees more will Priya have after 4 years?
  2. 2.Aarav keeps ₹900 in a bank. After 3 years the simple interest is ₹216. What is the rate of interest per year (in %)?
  3. 3.₹800 earns 5% simple interest per year. In how many years will the interest be ₹160?
  4. 4.Gurpreet keeps ₹2000 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  5. 5.Karan keeps ₹1600 in a bank. After 3 years the simple interest is ₹288. What is the rate of interest per year (in %)?
  6. 6.Diya keeps ₹1500 in a bank. After 4 years the simple interest is ₹480. What is the rate of interest per year (in %)?
  7. 7.Nisha keeps ₹1900 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
  8. 8.Ananya has ₹300. In a piggy bank it stays ₹300. In a bank at 4% simple interest per year, how many rupees more will Ananya have after 3 years?
  9. 9.Pooja keeps ₹500 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 4 years?
  10. 10.Sneha keeps ₹300 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
  11. 11.Aarav keeps ₹400 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
  12. 12.Aarav has ₹300. In a piggy bank it stays ₹300. In a bank at 10% simple interest per year, how many rupees more will Aarav have after 1 year?
  13. 13.Isha keeps ₹1900 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
  14. 14.Dev keeps ₹1900 in a bank. After 4 years the simple interest is ₹608. What is the rate of interest per year (in %)?
  15. 15.Rohan keeps ₹1200 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  16. 16.Manav has ₹600. In a piggy bank it stays ₹600. In a bank at 7% simple interest per year, how many rupees more will Manav have after 2 years?
  17. 17.Diya keeps ₹600 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
  18. 18.Vivaan has ₹1800. In a piggy bank it stays ₹1800. In a bank at 8% simple interest per year, how many rupees more will Vivaan have after 3 years?
  19. 19.Kabir keeps ₹1200 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  20. 20.Dev keeps ₹700 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
  21. 21.₹900 earns 9% simple interest per year. In how many years will the interest be ₹324?
  22. 22.₹1800 earns 9% simple interest per year. In how many years will the interest be ₹648?
  23. 23.Ananya keeps ₹600 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
  24. 24.Ishaan keeps ₹200 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
  25. 25.Rohan keeps ₹600 in a bank. After 3 years the simple interest is ₹126. What is the rate of interest per year (in %)?
  26. 26.Karan keeps ₹1700 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
  27. 27.Aditya has ₹200. In a piggy bank it stays ₹200. In a bank at 8% simple interest per year, how many rupees more will Aditya have after 4 years?
  28. 28.Dev keeps ₹700 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
  29. 29.Kabir has ₹300. In a piggy bank it stays ₹300. In a bank at 3% simple interest per year, how many rupees more will Kabir have after 1 year?
  30. 30.Dev keeps ₹1300 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
  31. 31.Aditya keeps ₹300 in a bank. After 2 years the simple interest is ₹24. What is the rate of interest per year (in %)?
  32. 32.Sneha keeps ₹2000 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 1 year?
  33. 33.Manav keeps ₹1300 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  34. 34.₹1200 earns 4% simple interest per year. In how many years will the interest be ₹48?
  35. 35.Meera keeps ₹600 in a bank. After 3 years the simple interest is ₹72. What is the rate of interest per year (in %)?
  36. 36.Nisha keeps ₹700 in a bank. After 1 year the simple interest is ₹14. What is the rate of interest per year (in %)?
  37. 37.Isha keeps ₹1000 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
  38. 38.Kabir has ₹200. In a piggy bank it stays ₹200. In a bank at 6% simple interest per year, how many rupees more will Kabir have after 5 years?
  39. 39.Ananya has ₹2000. In a piggy bank it stays ₹2000. In a bank at 8% simple interest per year, how many rupees more will Ananya have after 2 years?
  40. 40.Kabir keeps ₹1300 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?

Answer key

  1. 140
  2. 8
  3. 4
  4. 2160
  5. 6
  6. 8
  7. 190
  8. 36
  9. 140
  10. 63
  11. 436
  12. 30
  13. 1976
  14. 8
  15. 24
  16. 84
  17. 192
  18. 432
  19. 24
  20. 210
  21. 4
  22. 4
  23. 642
  24. 224
  25. 7
  26. 1904
  27. 64
  28. 812
  29. 9
  30. 1508
  31. 4
  32. 160
  33. 78
  34. 1
  35. 4
  36. 2
  37. 1200
  38. 60
  39. 320
  40. 1495

Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids